Allison Transmission (ALSN) Announces Lawrence E. Dewey to Retire as Chairman, Named Chairman Emeritus; David S. Graziosi to Become Chairman

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Go back to Allison Transmission (ALSN) Announces Lawrence E. Dewey to Retire as Chairman, Named Chairman Emeritus; David S. Graziosi to Become Chairman

Allison Transmission (ALSN) Misses Q4 EPS by 18c, Revenues Beat; Offers FY21 Revenue Guidance

February 17, 2021 4:09 PM EST

Allison Transmission (NYSE: ALSN) reported Q4 EPS of $0.53, $0.18 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $535 million versus the consensus estimate of $521.36 million.

Fourth Quarter 2020: Net Sales $535 million, Net Income $60 million, Diluted EPS $0.53, Adjusted EBITDA $186 million, Net Cash Provided by Operating Activities $163 million, Adjusted Free Cash Flow $128 millionFull Year 2020: Net Sales $2,081 million, Net Income $299 million, Diluted EPS $2.62, Adjusted EBITDA $732 million, Net Cash Provided by Operating Activities $561 million, Adjusted Free Cash Flow $458 million

David S. Graziosi, President and Chief Executive Officer of Allison Transmission commented, As... More